Editor: Pat Williams. E-mail pwilliams@creditman.co.uk
John Arnold. E-mail jarnold@creditman.co.uk
Site: Business Credit Management UK
URL: http://www.creditman.co.uk
Issue: 76
Dated: 6th September 1998
Welcome to the Business Credit News UK.
In this weeks edition you will find the following topics.
UKBanks gave more details of their losses from the recent turmoil in world markets. Among the biggest: Salomon Smith Barney, with a net loss of $150m over the past two months that will dent the earnings of its parent, Travelers Group. Travelers' merger partner, Citicorp, and Morgan Stanley Dean Witter, an investment bank, also said that the crisis would cut earnings. Barclays, a British bank, took a 250m pounds ($420m) charge specifically against its Russian exposures.
Source: The Economist
BUSINESS START-UPS AND CLOSURES: VAT REGISTRATIONS AND DE-REGISTRATIONS IN 1997
Estimates of the number of enterprises registering and de-registering for VAT in 1997 have been published by the Department of Trade and Industry. The estimates are a good guide to the pattern of business start-ups and closures across the UK and in each industry. They update estimates for 1994-96 published last year.
Key results
There were 182,600 registrations in the UK in 1997. There were 164,500 de-registrations. There was a net gain of 18,100 registered enterprises during the year. There were 39 registrations for every 10,000 people age 16 or over. There were 35 de-registrations for every 10,000 people age 16 or over.
In 1997 61,000 registrations, or one in three of the UK total, were in the Business services sector, which includes consultancy, legal, accounting and computer services. There were 37,200 registrations in London, the largest number of any region. In London there were 66 registrations for every 10,000 residents age 16 or over, compared with 27 in Wales and 20 in the North East.
The number of registrations rose by 14,400 between 1996 and 1997, to its highest level for four years. In contrast the number of de-registrations fell by 600, to its lowest level for four years. The net gain of 18,100 enterprises during 1997 follows a small net gain of 3,100 enterprises during 1996 and net losses in each year from 1991 to 1995.
Sectors
In 1997 the number of registrations rose in all sectors except three: Mining and energy, Wholesale and retail, and Manufacturing. There were 13,500 registrations in Manufacturing, a fall of 500 compared with 1996. There were 14,800 de-registrations in Manufacturing, resulting in a net loss of registered enterprises for the fourth successive year.
There were 61,000 registrations in Business services in 1997, the largest number of any sector. Of these, 23,300 were enterprises providing computer services. In Business services there were 9,100 more registrations than in 1996, and 1,500 more de-registrations. In this sector there was a net gain of 25,700 registered enterprises during the year. This more than accounts for the gain of 18,100 in the economy as a whole.
There were 37,000 registrations in the Wholesale and retail sector in 1997, the lowest number in four years. The largest falls were in food and clothing retail. In contrast there were 16,500 registrations in the Hotel and restaurants sector, the highest number in four years.
Regions
In 1997 there were 37,200 registrations in London, 30,000 in the South East, and 18,300 in the Eastern region. The number of registrations was higher than in 1996 in all areas of the UK. The smallest rises were in the North East (up 2%), Wales (up 2%) and Northern Ireland (up 4%).
There were net gains in the stock of registered enterprises in Northern Ireland, in Scotland, and in six of the English regions in 1997, including the North West (1,000), the East Midlands (500) and the South West (900). In contrast only Northern Ireland and one region, London, had experienced net gains two years previously.
In 1997 there were 160,200 registrations in England, 6,200 in Wales, 12,300 in Scotland and 3,900 in Northern Ireland. There was a net gain of 17,200 registered enterprises in England, a small net loss in Wales, and net gains of 700 in Scotland and 200 in Northern Ireland.
In the UK in 1997 there were 39 registrations for every 10,000 people age 16 or over. The highest registration rate was in London (66 per 10,000 residents age 16 or over). Most newly registered enterprises are small local businesses, so this high rate cannot be explained by the concentration of head offices in London.
There were high registration rates in the rest of the South East (47), the Eastern region (43) and the South West (39). The lowest registration rates were in the North East (20) and Wales (27).
The differences in registration rates have widened between 1994 and 1997. For example the rate in the Eastern region rose from 38 to 43 while the rate in Scotland rose from 28 to 30 and the rate in Wales remained at 27.
Regions with a consistently high registration rate also tend to have a high de-registration rate. This reflects the short lifespan of many new enterprises.
VAT registrations and de-registrations are the best official guide to the pattern of business start-ups and closures. Coverage is almost complete among businesses operating above the turnover threshold for VAT registration (#48,000 in 1997). Unlike the number of incorporations, they cover both companies and self-employed run businesses. And unlike the number of insolvencies, they include closures that do not involve unpaid debt (most do not). However they exclude many of the very smallest one person businesses that trade below the registration threshold.
Similar estimates covering the period 1980-93 have also been published in recent years. The pre-1994 figures are not entirely comparable because:
Many factors influence the pattern of business start-ups. Among the most important are economic growth (encouraging new ventures and creating demand for business and personal services), the level of industrial restructuring and contracting out, and the stock of people with management or small business experience.
The source of these figures is the Inter-Departmental Business Register (IDBR). It contains records of all businesses registered for VAT. The IDBR is administered by the Office for National Statistics (ONS), which publishes information on the stock of VAT registered businesses in Size Analysis of UK Businesses. The DTI and ONS publications complement each other, although adjustments and minor differences in coverage mean that they contain slightly different estimates of the registered business population.
A Statistical Bulletin containing more detailed information on the pattern of registrations and de-registrations across regions, Counties and Local Authority Districts will be available from September, price #25. The Bulletin is an aid to business marketing and local economic planning. Details may be obtained from the SME Statistics Unit. Contact: Ian Dale, Head of SME Statistics Unit, Level 2 St Mary's House, c/o Moorfoot, Sheffield S1 4PQ.
# = pounds sterling
Minister for Trade affirms commitment to Russian market
The largest ever UK trade exhibition in Russia will be officially opened by the Minister for Trade, Brian Wilson, on Tuesday 8 September.
The "Britain - Window for Business" trade fair at the LenExpo centre in St Petersburg will include more than 130 companies and a catalogue exhibition for small and medium-sized enterprises. In addition, there will be seminars focusing on four key sectors - telecommunications, transportation and infrastructure, financial services and food and drink.
Mr Wilson commented:
"Some people have questioned why I have decided to go ahead with the "Britain - Window for Business" trade exhibition in St Petersburg next week in view of the current crisis in Russia. The reasons are simple.
"First and foremost, I believe that Russia will continue to provide scope for British exports in the long term. In spite of the economic difficulties, genuine opportunities will continue to exist for those who are well prepared, not just in the oil and gas sectors but also in retail, processing and distributing food stuffs, information technology, construction and transport to name a few.
"In view of the desire of British businesses to remain engaged with Russia, it would be a mistake for us to withdraw valuable support at the first sign of trouble. Indeed, one of the ways my department can help firms operating in difficult markets to gather essential information and make contacts is through trade exhibitions such as the "Britain - Window for Business" event.
"Finally, there is no evidence that our competitors around the world have turned their backs on Russia. Few people would ever have said that Russia is an easy place in which to do business. Nevertheless, from past experience those that enter a developing market early tend to make the greatest gains in the long run."
The "Britain - Window for Business" trade exhibition will take place at the LenExpo Centre in St Petersburg from 8-11 September. It will be the largest ever UK trade delegation to Russia with more than 130 companies taking part. The exhibition will focus on the following sectors: construction, transport, information technology, invisibles, food and drink, education and training, fashion and textiles and retail. The event will also feature a real British pub, a competition to win a car and an Internet cafe.
Russia is the UK's 25th largest export market. Russian cumulative figures for foreign investment, as of 1 January 1998, show the UK to be the second largest foreign investor with almost 17 per cent of the total. Last year bilateral trade in goods was worth over #2.7 billion - double the figure for 1993.
# = pounds sterling
DTI DELIVERS EXPORT HELP TO YOUR DESKTOP
Trade Minister, Brian Wilson, launches Internet sales leads service
Brian Wilson, Minister for Trade has launched a new service harnessing Internet technology to enable British embassies abroad to give UK companies instant access to sales leads world-wide.
The new export sales leads service, part of TradeUK, was launched by Mr Wilson and Dan Wagner, CEO of The Dialog Corporation plc, DTI's contractor for TradeUK. TradeUK also includes a National Exporters Database (NED) which went live on 1 July and is the first official Government database which can be used by anyone in the world to identify UK suppliers.
Launching the service, Mr Wilson said:
"I see TradeUK as a very dynamic product and one which will provide a significant boost to UK companies looking to develop their business overseas. The whole TradeUK package harnesses the potential of the Internet to put buyers and sellers in touch - people overseas, including embassy staff, can use the NED to get details of UK suppliers for goods and services in their market. The new service takes that process one step further and allows buyers to have their needs broadcast directly to appropriate UK firms. So my message to business is, if you have not signed up for these services you are missing out."
Any UK firm on the NED can register to receive sales leads, free of charge. Embassy staff are a major source of sales leads for UK exporters. From today, they can e-mail details of leads, market pointers or public interest information onto the service. Each lead is automatically matched to the profiles of UK companies held on the system and e-mailed to appropriate businesses, enabling them to respond quickly to these export opportunities.
Mr Wagner, Chief Executive of The Dialog Corporation said :
"Timely access to key information is recognised as a major contributor to competitive advantage. Today's launch is a fantastic example of technology being used to deliver essential information to UK exporters, instantly alerting them of relevant opportunities abroad and lowering barriers to trade caused by lack of awareness. We are delighted to have been chosen by the DTI to run TradeUK and apply our skills in marrying information with technology to this world-leading service."
Joining the Minister and Mr Wagner was Mr John Gifford of Southampton-based Griffon Hovercraft Limited. Mr Gifford is an enthusiastic supporter of the TradeUK initiative. He said:
"Using the previous service, which was paper-based, we won a contract to supply hovercrafts to Brazil as well as other valuable export business. The Internet and e-mail are the business tools of the future. TradeUK is a service I would commend to any UK business whether they are already involved in exporting or thinking of looking at overseas markets. It will provide you with the sort of key information you need to know before visiting those markets."
The new TradeUK Export Sales Leads Service can be accessed at the following web address: www.tradeuk.com The DTI announced on 24 February 1998 the award of the contract to The Dialog Corporation plc to set up and operate the National Exporters Database and the new Export Sales Lead Service. Dialog will be working with ICL as sub-contractor to exploit ICL's original TradeUK project under the Information Society Initiative and develop the electronic commerce features on the new site.
Griffon Hovercraft Limited is based in Southampton. Tel 01703 403547.
The Foreign and Commonwealth Office has 217 British diplomatic posts in 140 markets which have commercial sections supporting British trade and industry.
The Secretary of State for Trade and Industry has presented petitions in the High Court to wind up in the public interest Nashluck Limited and its above-named associated companies which manage property in the Waltham Forest area of London on behalf of landlords.
The petitions were presented following an investigation carried out under Section 447 of the Companies Act 1985.
On the application of the Secretary of State the Court appointed the Official Receiver as provisional liquidator of the company. The role of the Official Receiver as provisional liquidator is to protect and preserve the assets and financial records of the company until the hearing of the winding-up petitions on 2 September 1998.
The companies are all private companies incorporated between 1991 and 1997. The directors are Mr Noel O'Connor and Ms Isobel Levison.
The registered office of Nashluck Limited, Nashluck Housing Trustees Limited and Nashluck Property Developments Limited is Suite 1, Nelson House, 341 Lea Bridge Road, Leyton E10 7LA.
The registered office of Leyton Housing Trustees Limited and Leyton Property Management Limited is c/o Tish Press & Co., 27 Cambridge Park, Wanstead, London E11 2PU.
The registered office of Nashluck Housing Management Limited, Epigram Investments Limited and F U Collection Agency Limited is Jonathan House, 331 Lea Bridge Road, Leyton, London E10 7LA.
The petitions were all presented under Section 124A of the Insolvency Act 1986.
All public enquiries concerning either company should be made to:
THE OFFICIAL RECEIVER
21 Bloomsbury Street
London WC1B 3SS
Tel No: 0171 637 1110
*** Forthcoming Creditors Meetings ***
Contributed byhttp://www.insolvency.co.uk
For more detailed information and ALL the British Isles insolvency's (liquidation's, receiverships, administrations, dividends, creditors) please visit http://www.insolvency.co.uk
From 07/09/98 to 15/09/98 Number of Creditor meetings : 134 Section Company Time Venue 48 Receiver calling unsecured Creditors Meeting 08/09/98 Gilmoor Foods Ltd 11.00 am Leeds 09/09/98 Beverley Group Plc 03.30 pm London 10/09/98 ABC Global Ltd 11.00 am Manchester Newcom Electrical Wholesale Ltd 10.30 am Sheffield 15/09/98 Snowflake Insulations Ltd 11.00 am Ipswich 95 Members converting to Creditors Voluntary Liquidation 11/09/98 Enterprise Support Group Ltd 10.00 am London 98 Creditors Voluntary Liquidations 07/09/98 1st Choice Supplies Ltd 11.30 am Lincolnshire A N R Electrical Ltd 10.15 am Hertford Argyll McIntyre Communications Ltd 02.30 pm Newmarket Arnolds (Tower Bdge) Car & Van Hire Lt 11.30 am London Arrow Promotions and Management Ltd 12.00 pm London Birch Home Furnishings Ltd 11.00 am Manchester Britannia Security (UK) Ltd 10.30 am London CBM Communications Ltd 11.00 am Bristol Charmlea Construct. & Develop. Ltd 11.30 am Birmingham Code Alarm UK Ltd 02.30 pm Henley-on-Thames David Koss & Co Ltd 12.00 pm London H L Holdrup & Sons Ltd 11.00 am London Jewelway U.K. Ltd 10.30 am London M & C Developments Ltd 10.00 am Glasgow Oldham & Sons (Kettering) Ltd 03.30 pm Lutterworth Paramatic Systems Ltd 02.30 pm Leicester Phase 1 Communications Ltd 11.30 am Seale Priory Footwear Ltd 12.30 pm London Starglow Ltd 02.30 pm London W E Courier Ltd 12.00 pm Pentwyn Willow International 1990 Ltd 12.00 pm Glasgow 08/09/98 Absolutely Technical Ltd 12.00 pm London Alan Field Entertainment Ltd 11.00 am London Alpha Communications Ltd 11.30 am Altrincham Croft Security Systems Ltd 11.30 am Manchester ETA Control Systems Ltd 11.00 am London Ealing Double Glazing Company Ltd 12.00 pm London FKL Creation Ltd 10.15 am Worthing Folio Ceramics Ltd 11.00 am Manchester Global Tea Company Ltd 11.30 am London Greenkent Textiles Ltd 12.00 pm London Infinite Loop Ltd 10.30 am Reading John D Maltby Ltd 10.30 am Nottingham Kidcraft Ltd 04.00 pm London LM Services Ltd 11.30 am Liverpool MGK Textiles Ltd 11.30 am London Media Communications International Plc 03.30 pm Slough Photo Media Ltd 11.00 am St Austell Plus (Building Services) Ltd 12.00 pm Manchester Regal International Management Sev Ltd 12.30 pm Southampton Romsey Garden Machinery Ltd 04.00 pm Southampton Silvercrest Trading Ltd 11.00 am London Sunflex Ltd 11.00 am London Tattoo Clothing Ltd 11.00 am London Town & Country Blinds & Awnings Ltd 10.15 am Sheffield Trimrose Services Ltd 12.00 pm London Yellowsoft Ltd 11.00 am Edgware 09/09/98 A J Networks Ltd 12.00 pm Manchester AC Services (Heathrow) Ltd 02.30 pm London BRC Motorsport Engineering Ltd 12.00 pm London CBR System Ltd 11.00 am London CRM Information Technology Ltd 11.00 am Swindon Cafa Java Ltd 02.30 pm London Care Options UK Ltd 11.00 am London East River (Distribution) Ltd 10.30 am London Eurostock Ltd 12.00 pm Manchester Gardam Machinery Ltd 11.30 am Langley Gonella Services Ltd 12.15 pm Sidcup Greenwoods (Cleckheaton) Ltd 10.30 am Leeds Greenwoods (Contracts) Ltd 10.30 am Leeds Proeuropa Ltd 12.00 pm Kingsteignton Quality Air Management Ltd 11.30 am Brighton Regent Car Sales Ltd 10.30 am Warrington Riley Fashions Ltd 04.00 pm London Telemark (Herts) Ltd 10.00 am London Ward (Worldw Advert Rates & Data) Ltd 10.30 am Abingdon 10/09/98 Atlas Trade Neon Ltd 11.30 am Bradford Brian Forster & Associates Ltd 04.00 pm London Bury Mead Garage Ltd 11.00 am London C & B Plumbing & Heating Supplies Ltd 12.00 pm Liverpool Comms Marketing Ltd 11.30 am St Albans Corporate Automation Ltd 11.00 am London Corporate Graffiti (Holdings) Ltd 02.00 pm London Crossmedia Communications Ltd 12.30 pm London Electrical Mech. & Data Systems Ltd 11.00 am Southampton Hamilton Heritage Ltd 02.00 pm London Lettershape Ltd 11.00 am Leicester N C N Heathrow Ltd 11.30 am Bristol Planned Maint. Serv. (of Barnsley) Ltd 10.30 am Sheffield Press Room Ltd 11.00 am London Steelfab Ltd 10.00 am Cardiff Synteq Ltd 11.30 am London Tracel Cambridge Ltd 03.30 pm Ipswich Turner Page Music Ltd 10.30 am London WE Realisations Ltd 11.00 am Sheffield Yasmin Fashions Ltd 04.00 pm London 11/09/98 Animation Festival Ltd - The 10.30 am London Continental Brands And Trading Ltd 11.00 am London Essex Economy Ceramic Ltd 10.30 am London Gower Inns Ltd 10.00 am Swansea H S Engineering Services Ltd 11.00 am London Heyward Ltd 11.00 am Shepton Mallet IS Services Ltd 11.00 am Bromsgrove Inspirational Engineering Ltd 11.15 am Tyne & Wear Kerne Contracts South West Ltd 12.00 pm Bristol Kerne Holdings Ltd 11.00 am Bristol Kerne Security Ltd 11.30 am Bristol M Construction & Engineering Ltd 12.00 pm Cardiff M.F.W. Construction Ltd 02.30 pm Southport Mimescope Ltd 11.00 am London Nursing Care Products Ltd 12.00 pm Waterlooville Plant Mesh Ltd 10.30 am Nottingham Progress Advertising Ltd 10.30 am London Rosetel Ltd 11.00 am London Scorpion Security (UK) Ltd 02.00 pm Birmingham Talcon Ltd 12.00 pm London Venture Exports Ltd 11.00 am London 14/09/98 Abacus Bureau Services Ltd 12.00 pm London Airwaings International Ltd 12.00 pm Gerrards Cross Analogue & Digital Audio Ltd 02.00 pm London Awards Ltd 11.30 am London Brittanic Trailer Rentals Ltd 11.00 am London Class 22 Exports Ltd 02.30 pm London Ellarose Ltd 10.30 am London Entertainment Marketing Services Ltd 12.00 pm London Hillan Construction Ltd 12.00 pm Glasgow Holmwood Press Ltd 03.00 pm London Majorcrest Ltd 10.30 am Nottingham Marketplace Editions Ltd 10.30 am Taunton Paramount Radio Cars Ltd 03.00 pm London SMT Construction Co Ltd 10.30 am London Samantah (UK) Ltd 10.30 am London 15/09/98 Compass Maufacturing Ltd 03.00 pm Royston Harp Exports Ltd 10.15 am Yarm Highway Haulage Ltd 10.00 am London Image Stoving Ltd 02.30 pm London Mercury Glass and Panels Ltd 02.00 pm Newport Silver Garage Ltd 02.30 pm London
TW LW TW LW
USA 1.6856 1.6295 Canada 2.6351 2.4803
Austria 20.8212 20.6114 Portugal 301.356 299.156
France 9.8855 9.8202 Belgium 61.2060 60.3810
Finland 8.9850 8.9060 Italy 2915.08 2889.59
Germany 2.9493 2.9302 Sweden 13.6010 13.3513
Holland 3.3280 3.3035 Switzerland 2.4227 2.4374
Spain 250.380 245.750 Ireland 1.1757 1.1616
Australia 2.9740 2.7570 Denmark 11.2514 11.1568
Hong Kong 13.0567 12.6283 ECU 1.4978 1.4839
Africa Com 10.9817 10.5201 Saudi Arabia 6.3244 6.1118
India 71.6720 70.4760 Malaysia 7.0769 6.9036
Singapore 2.9778 2.8656 Norway 13.3286 12.4691
Japan 234.630 239.550
TW This week LW Last week.
James Finlay, the plantation company, announced pre-tax profits of 8.59 million pounds, on turnover of 117 million, for the six months ending 30th June 1998. Earnings per share stand at 5.7p.
Heritage Baths announced pre-tax profits of 4.78 million pounds, on turnover of 22 million, for the year ending 31st May 1998. Earnings per share stand at 18.3p.
IBC, business information providers, announced pre-tax profits of 8.11 million pounds, after exceptional charge, on turnover of 74 million, for the six months ending 30th June 1998. Earnings per share stand at 12.6p.
Marshalls, manufacturers of building materials, announced pre-tax profits of 19 million pounds, on turnover of 134 million, for the six months ending 30th June 1998. Earnings per share stand at 8.98p.
Perkins Foods announced pre-tax profits of 44.4 million pounds, after exceptional credit, on turnover of 241 million, for the six months ending 30th June 1998. Earnings per share stand at 23.9p.
Persimmon, the house builders announced pre-tax profits of 28.1 million pounds, on turnover of 281 million, for the six months ending 30th June 1998. Earnings per share stand at 11.8p.
Siemens is to sell the UK chip plant which closed this year, with the loss of over 1000 jobs. The news coincides with the Government promising further aid for development in the North East.
Scottish Hydro-Electric made a 2.7 billion pounds all paper bid for Southern Electric. The merger will create one of Britain's largest power companies.
MERGER CLEARANCE
The Secretary of State for Trade and Industry has decided, on the information at present before him, and in accordance with the recommendation of the Director General of Fair Trading, not to refer the following mergers to the Monopolies and Mergers Commission under the provisions of the Fair Trading Act 1973:Proposed acquisition by Baker Hughes Inc of Western Atlas Inc.
Acquisition by Paccar Inc of Kepacourt Limited.
Proposed acquisition by The Davis Service Group plc of Laundrycraft Limited.
Proposed acquisition by Schlumberger Technology Inc of Camco International Inc.
Acquisition by Kingston Metals Limited of certain assets of Glynwed International plc namely Glynwed Metal Services Limited, Amari Metals Limited, Amari Aerospace Limited, Glynwed Metal Services (Holdings) Limited, Glynwed Metall GmbH, Amari Metals BV, Aalco S.A. and Amari Dublin Limited.
Proposed acquisition by Doughty Hanson & Co of assets of BTR plc namely its Aerospace Group.
Proposed acquisition by PepsiCo Inc of Tropicana Products Incfrom The Seagram Company Limited and Seagram Enterprises Inc.
Proposed acquisition by Hallmark Cards UK of Creative Publishing plc.
Acquisition by GE Capital Railcar Services, trading as Cargowaggon, of International Wagon Services Limited.
Acquisition by Tomkins plc of London Superstores Limited and its subsidiary, - Le Pain Croustillant.
9th September Southampton City College - 6.30 for 7.00pm An Education PR Event & Reception for prospective & existing ICM students. Details from ICM 01780 722909 Stoke on Trent College - 5.30 for 6.00pm An Education PR Event & Reception for prospective & existing ICM students. Details from ICM 01780 722909 11th September East Midlands Branch of the ICM Dinner Dance Black tie dinner Quorn Country Hotel, Quorn, Nr Loughborough Cost #30.00 per ticket - Contact Tim Davies on 0116-257-6264 12th September 7.00pm North East Branch of the ICM Annual Dinner The Cedar Court Hotel, Bradford Cost #25.00 - further details form Sid Ulph (01254-724000) or Brian Lewis (01937-581977) 14th September Stoke on Trent branch meeting of the ICM 6.30 for 7.00pm Are you ready for the Euro? Presentation by Colin Stenlake, a chartered accountant and executive management consultant specialising in economic and monetary union issues. Worldgate, Trentham Lakes South, Stoke-on-Trent 15th September London Branch meeting of the ICM 6.00 for 6.30pm Business Information - where does it go from here? Presentation by Phillip Mellor, Senior Analyst, Dun & Bradstreet London Transport House 55 The Broadway London SW1H OBD Thames Valley Branch meeting of the ICM 6.45 for 7.15pm Mock Creditors' Meeting Presented by the Moore Stephens Booth White thespians Honeywell Control Systems Ltd, Honeywell House, Arlington Business Park, Bracknell +Buffet 16th September Merseyside & North Wales Branch meeting of the ICM 10.00am to 5.00pm Annual Full Day Seminar A full day of speakers and exhibitions The Maritime Museum, Albert Dock, Liverpool +lunch +coffee Sheffield and District Meeting of the ICM 7.00pm New Members Summer Evening Barbecue Free barbecue - all welcome Hamlet Suite, Beauchief Hotel, 161 Abbey Dale Road South, Sheffield Contact Richard Marlow on 01246-411931 to reserve your place. 17th September Kent Branch meeting of the ICM Wine and Wisdom 7.30pm Teams of 4-6 competing for the Branch's Annual Challenge Shield Dominican Priory, Canterbury Bookings for Kent Branch meetings - Ian Mella (Tel 01233-756253) Members - # 3.00 Non Members - # 3.50 Students # 1.00 18th September South West Branch meeting of the ICM 7.00pm Visit to Tucker's Maltings, Newton Abbot Cost #5.00 Quality Buffet - for further details contact Basil Balinger on 01275-855675 19th September East Midlands Branch meeting of the ICM Bi-Annual Dinner Dance 1.30pm Contact Tim Davies on 0116-257-6264 for further details and to reserve places and tables. 23rd September 6.30pm East Midlands Branch of the ICM Effective use of litigation as a debt recovery tool Chris Radford, Head of Corporate Recovery at Eversheds Eversheds, 1 Royal Standard Place Nottingham Sussex and Surrey Branch meeting of the ICM 7.30pm Mock Summary Judgment Hearing With a local Judge Bridgehouse Hotel, Reigate 23rd-27th September Live 98 The home electronics and entertainment show of the year. Earls Court, London www.live98.com Tel 0181-296-1915 Adults #9.00 Children #6.00 2nd October ICM Annual Dinner Drapers Hall - City of London Tickets 67.00 - details from the ICM on 01780-721888 or Fax 01780-721271 8th October West of Scotland branch meeting of the ICM 6.15 for 6.30pm Tom Shields Diary Presentation by the popular Herald columnist The offices of Ernst Young, George House, 50 George Square, Glasgow 13th October Kent branch of the ICM meeting 7.30pm Say Goodbye to 'Gone-Aways' Presentation by Experian Ashford International Hotel 20th to 21st October Credit North 1998 The Northern Conference and Exhibition for the Commercial and Consumer Credit Industry Free Conferences, Free Specialised Workshops, Free Exhibition. Over 40 top Industry Speakers. The Royal Armouries, Leeds Registration Hotline +44 (0) 181-201-9888 Fax +44 (0) 181-201-8339 8th-10th December Online Information 98 The world's largest information industry event. Visit www.online-information.co.uk for full details. # = pounds sterling
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